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    SEC Form SC 13G filed by Shengfeng Development Limited

    7/31/24 4:05:03 PM ET
    $SFWL
    Trucking Freight/Courier Services
    Industrials
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    SC 13G 1 ea0210129-13gprime_shengfeng.htm SCHEDULE 13G

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    SCHEDULE 13G

     

    Under the Securities Exchange Act of 1934

    (Amendment No. )*

     

    SHENGFENG DEVELOPMENT LIMITED

    (Name of Issuer)

     

    Class A Ordinary Shares, par value $0.0001 per share

    (Title of Class of Securities)

     

    G8117B101

    (CUSIP Number)

     

    June 30, 2024

    (Date of Event Which Requires Filing of This Statement)

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     

      ☐ Rule 13d-1(b)
         
      ☐ Rule 13d-1(c)
         
      ☒ Rule 13d-1(d)

     

    * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

     

    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

     

     

     

     

    CUSIP No.

    G8117B101

      Page 1 of 6

     

    1.

    Names of Reporting Persons

    Prime Link Capital International Limited

    2.

    Check the Appropriate Box if a Member of a Group

    (a) ☐

    (b) ☐

    3.

    SEC Use Only

     

    4.

    Citizenship or Place of Organization

    British Virgin Islands

    Number of Shares

    Beneficially

    Owned by

    Each Reporting

    Person With:

    5.

    Sole Voting Power

    0

    6.

    Shared Voting Power

    1,779,880

    7.

    Sole Dispositive Power

    0

    8.

    Shared Dispositive Power

    1,779,880

    9.

    Aggregate Amount Beneficially Owned by Each Reporting Person

    1,779,880

    10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
    11.

    Percent of Class Represented by Amount in Row (9)

    4.4%*

    12.

    Type of Reporting Person

    FI

     

    * Percentage of class is calculated based on 40,617,513 Class A Ordinary Shares outstanding as of June 30, 2024, which information was provided by the Issuer to the Reporting Persons on June 30, 2024.

     

     

     

     

    CUSIP No.

    G8117B101

      Page 2 of 6

     

    1.

    Names of Reporting Persons

    Jinyuan Huang*

    2.

    Check the Appropriate Box if a Member of a Group

    (a) ☐

    (b) ☐

    3.

    SEC Use Only

     

    4.

    Citizenship or Place of Organization

    China 

    Number of Shares

    Beneficially

    Owned by

    Each Reporting

    Person With:

    5.

    Sole Voting Power

    0

    6.

    Shared Voting Power

    1,779,880

    7.

    Sole Dispositive Power

    0

    8.

    Shared Dispositive Power

    1,779,880

    9.

    Aggregate Amount Beneficially Owned by Each Reporting Person

    1,779,880

    10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
    11.

    Percent of Class Represented by Amount in Row (9)

    4.4%**

    12.

    Type of Reporting Person

    IN

     

    * Represents 1,779,880 Class A Ordinary Shares held through Prime Link Capital International Limited, which is 100% owned by Jinyuan Huang, as of June 30, 2024.
       
    ** Percentage of class is calculated based on 40,617,513 Class A Ordinary Shares outstanding as of June 30, 2024, which information was provided by the Issuer to the Reporting Persons on June 30, 2024.

     

     

     

     

    CUSIP No.

    G8117B101

      Page 3 of 6

     

    ITEM 1.

     

    (a) Name of Issuer: Shengfeng Development Limited

     

     

    (b) Address of Issuer’s Principal Executive Offices: Shengfeng Building, No. 478 Fuxin East Road, Jin’an District, Fuzhou City,

     

    Fujian Province, People’s Republic of China, 350001

     

    ITEM 2.

     

    2(a) Name of Person Filing:

     

    (i) Prime Link Capital International Limited

    (ii) Jinyuan Huang

     

    2(b) Address of Principal Business Office, or if None, Residence:

     

    (i) Prime Link Capital International Limited

    4th Floor, Water’s Edge Building, Meridian Plaza, Road Town, Tortola, VG1110, British Virgin Islands

     

    (ii) Jinyuan Huang

    4th Floor, Water’s Edge Building, Meridian Plaza, Road Town, Tortola, VG1110, British Virgin Islands

     

    2(c) Citizenship:

     

    (i) Prime Link Capital International Limited

    British Virgin Islands

     

    (ii) Jinyuan Huang

    China  

     

    2(d) Title of Class of Securities:

     

    Class A Ordinary Shares, par value $0.0001 per share

     

    2(e) CUSIP Number:

     

    G8117B101

     

    ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

     

    Not Applicable.

     

    ITEM 4. OWNERSHIP.

     

    The information requested in these paragraphs is incorporated herein by reference to the cover pages to this Schedule 13G.

     

     

     

     

    CUSIP No.

    G8117B101

      Page 4 of 6

     

    ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

     

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☒. 

     

    ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

     

    Not applicable.

     

    ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.

     

    Not applicable.

     

    ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

     

    Not applicable.

     

    ITEM 9. NOTICE OF DISSOLUTION OF GROUP.

     

    Not applicable.

     

    ITEM 10. CERTIFICATIONS.

     

    Not applicable.

     

     

     

     

    CUSIP No.

    G8117B101

      Page 5 of 6

     

     

    SIGNATURE

     

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     

    Date: July 31, 2024

     

       

    Prime Link Capital International Limited 

         
      By: /s/ Jinyuan Huang
      Name: Jinyuan Huang
      Title: Director

     

        /s/ Jinyuan Huang
      Name: Jinyuan Huang

     

    The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative’s authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

     

     

     

     

    CUSIP No.

    G8117B101

      Page 6 of 6

     

    LIST OF EXHIBITS

     

    Exhibit No.   Description
    99.1   Joint Filing Agreement

     

     

     

     

     

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